Wexford GAA have made a surplus 2020 despite the lack of games and spectators…
The accounts, which were discussed at a meeting on November 30th and published on December 4th on the Wexford GAA website, show that a net surplus of €507,228 occurred. This net surplus was an increase of over €130,000 from the previous year.
Wexford GAA are in a healthy position despite the economic issues that Covid 19 has caused. €220,000 is still due to be drawn down in Sports Capital Grants for the Ferns Centre of Excellence. In addition €500,000 lodged to Croke Park for additional works at Wexford Park and Ferns Centre of Excellence.
Wexford GAA also reported that county team expenses were down due to less game time owing to the pandemic. However, online streaming off games helped in terms of revenue.
The Model County Draw covered the annual loan repayment for the Ferns Centre of Excellence. These tickets were only down 2%. Considering the complexities surrounding Covid-19, that was considered “phenomenal”.
This is great news for the county considering there was little or no games played from March onwards. Full credit must go the the board‘s officials and the tireless work of the GAA’s volunteers across all the clubs.
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